Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division Dining Room Division Total Sales $500,000 $750,000 $1,250,000 Variable costs 225,000 450,000 675,000 Contribution margin $275,000 $300,000 $ 575,000 (a) Determine the company’s sales mix. (Round answers to 2 decimal places, e.g. 0.15.) Sales mix Bedroom Division enter a share of the division Dining Room Division enter a share of the division
Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division Dining Room Division Total Sales $500,000 $750,000 $1,250,000 Variable costs 225,000 450,000 675,000 Contribution margin $275,000 $300,000 $ 575,000 (a) Determine the company’s sales mix. (Round answers to 2 decimal places, e.g. 0.15.) Sales mix Bedroom Division enter a share of the division Dining Room Division enter a share of the division
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 22E: Ellerson Company provided the following information for the last calendar year: During the year,...
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Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are:
Bedroom |
Dining Room |
|
||||
---|---|---|---|---|---|---|
Sales |
$500,000 | $750,000 | $1,250,000 | |||
Variable costs |
225,000 | 450,000 | 675,000 | |||
Contribution margin |
$275,000 | $300,000 | $ 575,000 |
(a)
Determine the company’s sales mix. (Round answers to 2 decimal places, e.g. 0.15.)
Sales mix |
||
---|---|---|
Bedroom Division |
enter a share of the division |
|
Dining Room Division |
enter a share of the division |
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